Fintech Confidential
Fintech Confidential
DD3, Media
What Happens When You Solve the $80 Trillion Problem? - Donuts, APIs, and Innovation: The Orum Startup Story with Founder & CEO Stephany Kirkpatrick
57 minutes Posted Nov 14, 2024 at 4:00 am.
Introduction to EPISODE NAME
Introduction to FinTech Confidential Leaders
Meet Stephany Kirkpatrick, CEO of Orum
Orum's Mission and Achievements
The Donutique Connection
Stephany's Journey: From Financial Planner to CEO
The Birth of Orum
Challenges and Insights in Fintech
Orum's Products: Deliver and Verify
Target Audience and Integration
Future of Money Movement and Optimization
The Value of Certainty in Financial Transactions
Optimizing Treasury Management
Strategic Partnerships and Their Importance
The Role of Regulation in Fintech
The Impact of 1033 and Consumer Rights
Future of Payments and Stable Coins
Blockchain and Its Potential in Fintech
Leadership Lessons and the Importance of Coaching
Building a Strong Network and 911 List
Team Dynamics: Not a Family, But a Team
Remote Work: Compassion and Professionalism
Hiring and People Strategy
Looking into the Future of Fintech
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In this episode of Fintech Confidential, recorded live at the 2024 Money 20/20 event in Las Vegas, Tedd Huff and Stephany Kirkpatrick, founder and CEO of Orum, dive into the world of money movement technology. The discussion flows naturally, covering the many ways Orum is simplifying payments and enhancing access to funds. Kirkpatrick brings a unique perspective, sharing how her background as the daughter of an immigrant and a former financial planner shaped her understanding of money access and inspired her to start Orum.

Key Highlights

🚀 Making Instant Payouts Possible for Businesses

🍩 Time to Make the Donuts

💸 Why Wait for Money Movement?

💲 Real-Time Payments Without High Costs

🔒 Making Compliance Easy

💼 The Power of Clear Pricing

📊 CFPB’s 1033 Rule and Data Access

🌐 Stablecoins in International Payments

🏗 Building a Strong Product First

🤝 Trusted Partnerships for Reliable Payments

Takeaways

1️⃣ Apply Financial Planning Insights to Your Startup Vision

2️⃣ Keep Remote Teams Engaged with Simple Tools

3️⃣ Streamline Payment Solutions with Easy APIs

4️⃣ Enhance Security in Transactions with Verification Tools

5️⃣ Choose Strong Partnerships to Boost Your Business’s Credibility

Links: 

Stephany Kirkpatrick

LinkedIn: https://www.linkedin.com/in/stephany-kirkpatrick/

Orum:

Website: https://orum.io/

LinkedIn: https://www.linkedin.com/company/helloorum

X: https://twitter.com/hello_orum

Facebook: https://www.facebook.com/helloorum/

Instagram: https://www.instagram.com/orum.io/

Fintech Confidential

YouTube: https://fintechconfidential.com/watch

Podcast: https://fintechconfidential.com/listen

Notifications: https://fintechconfidential.com/access

LinkedIn: https://www.linkedin.com/company/fintechconfidential

X: https://X.com/FTconfidential

Instagram: https://www.instagram.com/fintechconfidential

Facebook: https://www.facebook.com/fintechconfidential


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About:

Guest 

Stephany Kirkpatrick is the CEO and founder of Orum, a pioneering API-based company enabling instant payouts across major payment networks. With over 15 years of experience, she has led digital product initiatives at major firms like Northwestern Mutual and LearnVest. Stephany, who began her career as a certified financial planner, founded Orum in 2019 to provide immediate financial access for businesses and consumers. Driven by her background as the daughter of an immigrant, her mission centers on enhancing financial freedom and efficiency through streamlined payment solutions.


Orum is a simple API for fast, reliable payments. Orum’s API solution delivers access to rails including Same Day ACH and standard ACH – and instant bank account verification. Orum allows businesses to launch instant payments and instant bank account verification in just days, without costly bank integrations or prolonged compliance. This in turn empowers businesses and banks to launch new payment experiences that attract and monetize more customers. Founded by Stephany Kirkpatrick and led by expert fintech operators from LearnVest, Square, N26, Klarna, Marqeta, and Stash, Orum has raised over $82 million from leading investors, including Accel, Canapi, Bain Capital Ventures, Inspired Capital, Homebrew, Acrew, BoxGroup, Clocktower Ventures, Primary Ventures and American Express Ventures. We provide the technology and expertise required to power a better financial system where everyone has the freedom to build to their potential.


Host: 

Tedd Huff is the Founder of Voalyre, a professional services advisory firm focused on global payments and DD3 Media.

Over the past 24 years, he has contributed to FinTech startups as an Advisory Board Member, Co-Founder, and Chief Experience Officer, providing strategic and tactical direction for Global Payments OpenEdge, Heartland Payments, Nuvei, and TSYS, among others, focusing on growth while delivering innovation, process improvements and user experience-driven value to simplify the complexity of payments.


DD3 Media:

DD3 Media is a  creation, management, and production company that delivers engaging content globally